- ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 3 PAGE # 1 DETERMINATION: 10-Jul-98 Beginning 6/1/98 DISTRIBUTION: 15-Jul-98 Ending 6/30/98 TIME: 7/14/98 14:33 CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.729% ASSET BACKED NOTES CLASS A-3 5.750% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.050% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $250,000,000.00 $173,029,601.14 $31,568,952.21 $804,299.26 $32,373,251.47 $141,460,648.93 A-2 Notes $200,000,000.00 $200,000,000.00 $0.00 $954,833.33 $954,833.33 $200,000,000.00 A-3 Notes $321,000,000.00 $321,000,000.00 $0.00 $1,538,125.00 $1,538,125.00 $321,000,000.00 A-4 Notes $282,800,000.00 $282,800,000.00 $0.00 $1,366,866.67 $1,366,866.67 $282,800,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $1,053,800,000.00 $976,829,601.14 $31,568,952.21 $4,664,124.26 $36,233,076.47 $945,260,648.93 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $1,086,404,142.65 $1,009,433,743.79 $31,568,952.21 $4,828,503.48 $36,397,455.69 $977,864,791.58 - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------------------------- A-1 126.27580884 3.21719704 565.84259572 ----------------------- ----------------------- ----------------------------------------------------------------------- A-2 0.00000000 4.77416665 1,000.00000000 ----------------------- ----------------------- ----------------------------------------------------------------------- A-3 0.00000000 4.79166667 1,000.00000000 ----------------------- ----------------------- ----------------------------------------------------------------------- A-4 0.00000000 4.83333335 1,000.00000000 ----------------------- ----------------------- - -------------------------------------------------------------------------------------------------- Notes Totals 29.95725205 4.42600518 897.00194433 - -------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - ------------------------ ----------------------- - -------------------------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - -------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------- TOTALS 29.05820309 4.44448184 900.09302541 - -------------------------------------------------------------------------------------------------- (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 3 PAGE # 2 DETERMINATION: 10-Jul-98 Beginning 6/1/98 DISTRIBUTION: 15-Jul-98 Ending 6/30/98 TIME: 7/14/98 14:33 per $1000 Section 5.8 (iii) Servicing Fee $841,194.79 0.77429269 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $977,864,791.58 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $95,739.61 TOTAL $95,739.61 Section 5.8 (viii) Realized Net Losses for Collection Period $55,285.43 Section 5.8 (ix) Reserve Account Balance after Disbursement $22,532,139.68 Section 5.8 (x) Specified Reserve Account Balance $29,335,943.75 Section 5.8 (xi) Total Distribution Amount $39,218,017.76 Servicing Fee $841,194.79 Administrative Fee $1,000.00 Noteholders' Distribution Amount $36,233,076.47 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $1,978,367.28 Section 5.8 (xii) Noteholders' Distributable Amount -------------------------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) -------------------------------------------------------------------------------------------------------------------------------- A-1 $31,568,952.21 $804,299.26 $32,373,251.47 126.27580884 3.21719704 129.49300588 A-2 $0.00 $954,833.33 $954,833.33 0.00000000 4.77416665 4.77416665 A-3 $0.00 $1,538,125.00 $1,538,125.00 0.00000000 4.79166667 4.79166667 A-4 $0.00 $1,366,866.67 $1,366,866.67 0.00000000 4.83333335 4.83333335 -------------------------------------------------------------------------------------------------------------------------------- Total $31,568,952.21 $4,664,124.26 $36,233,076.47 29.95725205 4.42600518 34.38325723 -------------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiii) Certificateholders' Distributable Amount ----------------------------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) ----------------------------------------------------------------------------------------------------------------------------------- B-1 $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 ----------------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,978,367.28 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------